Wood Vinegar Market – Expected to Reach $6.6 Million by 2025 – Research and Markets
DUBLIN–(BUSINESS WIRE)–The "Wood
Vinegar Market Analysis, By Application, By Region, And Segment
Forecasts, 2014 – 2025" report has been added to Research
and Markets' offering.
The global wood vinegar market is expected to reach USD 6.6 million by
2025, growing at a CAGR of 6.7%, according to a new report. Increasing
support from various governments for adoption of organic farming methods
by small-farm holders for improved crop yield is the key factor driving
the market growth. In addition, rapid expansion of organic farming in
Asia Pacific is expected to boost the market demand further.
Wood vinegar, a natural extract from woods, makes it a better choice in
agriculture pesticides category, as compared to animal feed and natural
pesticides. The market is mainly driven by its varied uses in
agriculture and animal husbandry industry, as it is accepted as a
nutrient supplement by farmers and livestock producers, who seek to
improve their crop yield by using bio pesticides.
In terms of revenue, agriculture segment accounted as the major
application industry in 2016 and is estimated to continue its dominance
with a share of 42.6% by 2025, as it is preferred as an organic
pesticide and soil fertility enhancer. Globally, various governments and
institutions are promoting the use of bio-degradable and non-toxic
chemicals in farming. Such initiatives are boosting the growth of its
applications in agriculture sector.
The demand for wood vinegar market is expected to surge owing to its
increased acceptance from consumers globally. Abundant resources of wood
biomass in Asia Pacific region are helping the farmers to produce wood
vinegar domestically. In addition, it adds economic value to those
farmers who cannot afford premium synthetic chemicals.
Companies Mentioned
- ACE (Singapore) Pte Ltd
- Tagrow Co., Ltd
- Wood Vinegar Australia
- New Life Agro
- Verdi Life, L.L.C.
- Taiko Pharmaceutical Co., Ltd.
- Nettenergy B.V.
- Sort Of Coal
- Dongying Runyi Biological Technology Co, Ltd
- Applied Gaia Corporation
Key Topics Covered:
Chapter 1 Methodology and Scope
Chapter 2 Executive Summary
Chapter 3 Wood Vinegar Market Variables, Trends, and Scope
Chapter 4 Wood Vinegar Market: Method Estimates & Trend Analysis
Chapter 5 Wood Vinegar Market: Application Estimates & Trend Analysis
Chapter 6 Wood Vinegar Market: Regional Estimates & Trend Analysis
Chapter 7 Competitive Landscape
Chapter 8 Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/pxz2g7/wood_vinegar
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Topics: Organic
Acids, Chemical
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